Warehouse boom in India as firms shift from China

26 Mar 2024 CW Team

A sprawling industrial park in southern India sees a surge in modern warehouse construction, meeting the demands of companies diversifying supply chains beyond China.

Greenbase industrial park, near plants run by Apple supplier Foxconn and truckmaker Daimler, is in high demand among European and American companies.

To address the demand, Greenbase aims to quadruple its industrial park space to 20 million-square-feet with an $800 million investment.

India's economic growth surpasses advanced nations, driving a rush for leased warehouse space, particularly in the last quarter of 2023.

Developers like Greenbase and Panattoni are scouting land nationwide to meet demand from companies expanding manufacturing beyond China amid rising tensions.

India's infrastructure development, including ports and highways, attracts developers like Panattoni, which plans to build warehouse complexes near New Delhi.

Despite surging demand, India leases fewer warehouses than China, offering immense growth potential.

Investment in smaller warehouses is also rising, reflecting diverse strategies amid land scarcity and rising prices.

Land acquisition processes can be lengthy, impacting development timelines in India's competitive real estate market.

Infrastructure Urban

22 Apr 2025

Canal Water Boost for Mudki

In a significant push for public health and urban development, MLA Rajneesh Dahiya has announced a Rs.280 million canal water supply project for Mudki town in the Ferozepur Rural constituency. The initiative aims to provide clean drinking water to every household within Mudki’s municipal limits. Speaking about the development, Dahiya said the project falls under the Centre’s AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme and is being carried out with the support of Punjab Chief Minister Bhagwant Singh Mann and Local Government Minister Dr. Inderbir Nijjar. “This ..

6 Tunnel Boring Machines Idle in Chennai

Six tunnel boring machines (TBMs) deployed by the Chennai Metro Rail Limited (CMRL) are currently lying idle beneath city roads, stuck in limbo due to delayed construction of underground stations at Moolakadai, Perambur, and Mandaveli. The TBMs, launched as part of Corridor 3 of the Phase II Metro project from Madhavaram to SIPCOT, have reached their designated stations but are unable to proceed as the station boxes are incomplete. Without a completed diaphragm wall or station box, the machines cannot break through or be dismantled for reuse. According to CMRL officials, the root of the dela..

Mumbai Metro 3 Nears Launch

The Mumbai Metro Rail Corporation shared a sneak peek of the newly completed Acharya Atre Chowk station on Metro Line 3 (Aqua Line) this Sunday, drawing both praise and impatience from the public. Located on the 9.77 km stretch between Bandra Kurla Complex (BKC) and Worli, the underground station is part of a long-anticipated corridor that promises to ease traffic and boost east-west connectivity. The social media update, posted by the handle @MumbaiMetro3, featured images of the station’s sleek new interiors. But the post quickly sparked a flurry of comments, with several users demanding c..